Germany · Investor

KfW

Last cheque observed Jan 2026; 88 cheques on record.

Deploying nowGovernmentWebsite unconfirmed

SeedSeries ASeries BFin-techFinanceWealthtech

Deploying now
100%of best year1cheques in 12 months, 88 on record
Since the last cheque289days00hrs00min00sec
Median round$13MRounds led0 of 88Sole investor4 roundsExits10 from the portfolioMostly inGermany, 89%
Pitch KfW

KfW highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series B and Series A: 62% of its rounds

  3. 03

    Sole investor in 4 rounds, median $50M

  4. 04

    10 exits from the portfolio

What they do

Type
Government (from a list, unverified)
Cheque size
From $10M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
Fin-techFinanceWealthtech
Based in
Frankfurt, Germany
Cold pitches
Not accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. Tell us the right one.

The record

Every round we can evidence, newest first88 appearances

  1. 2026

    1 round

  2. Jan
  3. 2019

    1 round

  4. Aug
    GNA BiosolutionsSeries C · DE · FinSMEs$14MWith 10 others
  5. 2015

    4 rounds

  6. Sept
    datapineSeries A$3.0MWith 3 others
  7. Apr
    OMEICOS Therapeutics GmbHSeries A · DE$6.6MWith 3 others
  8. Apr
    Eskom HoldingsDebt · ZA$339MSole investor
  9. Jan
    Shelter AfriqueDebt · KE$50MSole investor
  10. 2014

    2 rounds

  11. Nov
    ElectrochaeaSeries A · USUndisclosedWith 3 others
  12. Jul
    AYOXXA BiosystemsSeries B · DE$12MWith 5 others
  13. 2013

    5 rounds

  14. Dec
    yetuSeries A · DE · techcrunch.com$8.0MWith 1 other
  15. Aug
    CapicalSeries A · DE · finsmes.comUndisclosedWith 1 other
  16. Apr
    Rodos BioTargetVenture · DE · finsmes.com$3.4MWith 2 others
  17. Feb
    reBuy.deSeries B · DE$3.3MWith 2 others
  18. Jan
    SIRION BIOTECHVenture · DE · dgap.deUndisclosedWith 3 others
  19. 2012

    14 rounds

  20. Dec
    Clickworker GmbHDE$842KWith 6 others
  21. Nov
    RegioHeldenSeries A · DEUndisclosedWith 2 others
  22. Oct
    avandeoDE · finsmes.comUndisclosedWith 4 others
  23. Oct
    ZalandoDebt · DE · techcrunch.com$53MWith 1 other
  24. Sept
    GOVECSVenture · DE · finsmes.com$13MWith 2 others
  25. Sept
    Augmentation IndustriesSeed · DE · gruenderszene.de$1.9MWith 1 other
  26. Aug
    Implandata Ophthalmic ProductsSeries A · DE · finsmes.com$2.0MWith 2 others
  27. Aug
    evidanzaSeries C · DE · vc-magazin.de$5.2MWith 3 others
  28. Jul
    Customer AllianceSeries B · DE · finsmes.comUndisclosedWith 5 others
  29. Jul
    SubitecSeries B · DE · finsmes.com$5.5MWith 3 others
  30. May
    Algiax PharmaceuticalsSeries A · DE · finsmes.com$5.5MWith 1 other
  31. May
    MicropeltVenture · DE · finsmes.com$8.5MWith 3 others
  32. Feb
    LipoFIT AnalyticSeries B · DE · onbiovc.com$9.5MWith 1 other
  33. Jan
    Intelligent Apps (mytaxi)Series B · DE · techcrunch.com$13MWith 4 others
  34. 2011

    18 rounds

  35. Dec
    Zitra.comSeed · DEUndisclosedWith 1 other
  36. Oct
    HumedicsSeries A · DE · finsmes.comUndisclosedWith 3 others
  37. Oct
    LipoFIT AnalyticVenture · DE · finsmes.com$9.5MWith 2 others
  38. Sept
    reBuy.deSeries A · DE$8.2MWith 2 others
  39. Sept
    appruptSeries B · DE · eu.techcrunch.comUndisclosedWith 2 others
  40. Sept
    Sividon DiagnosticsDE · finsmes.comUndisclosedWith 2 others
  41. Jul
    CEVEC PharmaceuticalsVenture · DE · finsmes.com$8.6MWith 2 others
  42. Jul
    Pay by Shopping (deal united)Series B · DE · finsmes.comUndisclosedWith 5 others
  43. Jun
    NonWoTecc MedicalSeries B · DE · finsmes.com$10MWith 2 others
  44. Jun
    SIRION BIOTECHDE · finsmes.comUndisclosedWith 3 others
  45. Jun
    yourdeliverySeries B$5.7MWith 3 others
  46. Jun
    Intelligent Apps (mytaxi)Series A · DE · siliconallee.comUndisclosedWith 1 other
  47. May
    tolingoSeries B · DE · finsmes.comUndisclosedWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 5 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

1 fund commitment on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Managers it backs most

Most recent commitments

Exits from the portfolio

Companies it backed that were later bought or listed10 in all

SuppreMolBought by Baxter InternationalUndisclosedMar 2015
Intelligent Apps (mytaxi)Bought by moovel GmbHUndisclosedSept 2014
appruptBought by Opera MediaworksUndisclosedApr 2014
NovaledBought by Samsung Electronics$347MAug 2013
Zitra.comBought by KeenonUndisclosedJun 2013
Art of DefenceBought by ZeusUndisclosedJun 2011
UbitexxBought by BlackBerryUndisclosedMay 2011
KINAXO BiotechnologiesBought by EvotecUndisclosedApr 2011
Sloning BioTechnologyBought by MorphoSysUndisclosedOct 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as KfW. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about KfW

What does KfW invest in?

KfW invests most often at Series B and Series A (62% of the rounds on record), in sectors such as Fin-tech, Finance and Wealthtech.

How active is KfW?

88 investments on record, 1 of them in the last 12 months. The most recent was in Jan 2026.

What has KfW invested in recently?

Its most recent investments on record: REGMIFA, S.A. (Undisclosed round, Jan 2026) and GNA Biosolutions (Series C, Aug 2019).

How big are KfW's cheques?

The median round it joins is $13M.

Does KfW lead rounds?

Rarely, if at all: none of its 88 investments on record names it as the lead.

Where does KfW invest?

Most of the companies it backs are in Germany (89%).

Is KfW investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does KfW invest alongside?

Most often High-Tech Gründerfonds (16 rounds together), Bayern Kapital (10 rounds together) and Creathor Ventures (8 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it